Sophos

Sophos Group plc is an English security software and hardware company. Sophos develops products for endpoint communication , encryption , network security , email security , mobile security, and unified threat management. Sophos is primarily focused on providing security software to the mid-market and pragmatic enterprise from 100 to 5000 Seat organizations. Sophos also offers a primary focus, Sophos home helps users, free software (Sophos Home). It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index .

History

Sophos was founded by Jan Hruska and Peter Lammer and began producing its first antivirus and encryption products in 1985. [2] During the late 1980s and into the 1990s, Sophos primarily developed and sold a range of security technologies in the UK, including encryption tools available for most users (private or business). In the late 1990s, Sophos concentrated on the development of antivirus technology, and embarked on a program of international expansion. [3]

In 2003 Sophos acquired ActiveState, a North American software company that developed anti-spam software. Sophos to produce a combined anti-spam and antivirus solution. [4] In 2006, Peter Gyenes and Steve Munford were named chairman and CEO of Sophos respectively. Jan Hruska and Peter Lammer remain as members of the board of directors. [5] In 2010, the general interest of Sophos was sold to Apax. [6] In 2010, Nick Bray, formerly Group CFO at Micro Focus International, was named CFO of Sophos. [7]

In 2011, Utimaco Safeware AG (acquired by Sophos in 2008-9) was commissioned to provide data monitoring and tracking software to those in Syria. Sophos issued a statement of apology and confirmed that they had suspended their relationship with the partners in question and launched an investigation. [8] [9] In 2012, Kris Hagerman, formerly CEO at Corel Corporation , was named CEO of Sophos and joined the company’s board. Former CEO Steve Munford became non-executive chairman of the board. [10] In February 2014, Sophos announced that it had acquired Cyberoam Technologies, a provider of network security products. [11]In June 2015, Sophos announced plans to raise $ US100 million on the London Stock Exchange. [12]

Acquisitions and partnerships

From September 2003 to February 2006, Sophos served as the parent company of ActiveState , a developer of programming tools for dynamic programming languages ; in February 2006, ActiveState became an independent company when it was sold to Vancouver -based venture capitalist firm Pender Financial. [13] In 2007, Sophos acquired ENDFORCE , a company based in Ohio , which developed and sold security policy compliance and Network Access Control (NAC) software. [14]

In July 2008, Sophos announced its intention to acquire Utimaco Safeware AG . [15] In July 2009, Sophos completed the integration of Utimaco Safeware AG . [16] In May 2010, Sophos reached a definitive agreement to sell a general interest in the company to Apax Partners , a global private equity group. [6]

In May 2011, Sophos announced it has entered into an agreement to acquire Astaro, a privately held provider of network security solutions, headquartered in Wilmington , Massachusetts (US) and Karlsruhe , Germany. [17] In 2012, Sophos acquired what remained of VirusBuster – a Hungarian antivirus firm – after the company had closed. [18] In April 2012, Sophos acquired DIALOGS, a privately held provider of mobile management solutions, headquartered in Germany. [19]

In February 2014, Sophos announced that it had acquired Cyberoam Technologies , a leading global provider of network security products. [20] In October 2014, Sophos acquired Mojave Networks, a leading cloud based security startup. [21] On December 14, 2015, Sophos acquired SurfRight, a small Dutch company behind HitmanPro to strengthen their endpoint protection products. [22] In February 2017, Sophos acquired Invincea , a software company that provides malware threat detection, prevention, and pre-breach forensic intelligence. [23] [24] [25]

Jump up^“Sophos grows anti-malware ensemble with Invincea”. Sophos. 2017-02-08. Retrieved 2017-02-11. One may ask, if you already have great next-generation technology, why do you need Invincea’s technology?…Think of Invincea as the superhero that takes our ensemble to the next level – the entity that adds neural network-based machine learning to the team.